FXTM Account Types
FXTM offers three distinct types of accounts tailored to different trading needs: Advantage Account, Advantage Plus Account, and Advantage Stocks Account.
- Advantage Account:
- Commission Structure: $3.5 per lot traded on FX, $25 per million notional on spot metals, $35 per million notional on index CFDs and commodity CFDs, and 0.05% of the notional value for cryptocurrency CFDs.
- Spreads: Typically zero spreads on major FX pairs.
- Minimum Deposit: $200.
- Trading Instruments: FX, spot metals, index CFDs, commodity CFDs, cryptocurrency CFDs, and stock CFDs (only on MT5).
- Platforms: MT4 and MT5.
- Execution: Market execution, ensuring the best available market price immediately.
- Advantage Plus Account:
- Commission Structure: Zero commission with tight spreads.
- Minimum Deposit: $200.
- Trading Instruments: All instruments offered by FXTM, excluding direct stock trading.
- Platforms: MT4 and MT5.
- Execution: Market execution.
- Advantage Stocks Account:
- Commission Structure: Market execution with zero commissions and super-tight spreads.
- Minimum Deposit: $200.
- Trading Instruments: Cash equities.
- Platforms: Exclusively on MT5.
- Execution: Market execution.
For further details, you can refer to the full list of contract specifications on the FXTM website.
FXTM Broker Account Opening Process
To open an account with FXTM, follow these steps:
- Register: Visit the FXTM website and complete the registration form to create a MyFXTM profile.
- Choose Account Type: Select the desired trading account type (Advantage, Advantage Plus, or Advantage Stocks).
- Submit Application: Fill out the application form with your personal information and required documents.
- Fund Your Account: Once your account is approved, deposit a minimum of $200 to start trading.
- Start Trading: After funding your account, you will receive an email with your trading account details, and you can begin trading on the selected platform.
For additional assistance, FXTM client representatives are available to help throughout the application process.
Advantage Equity accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .